The Impact of COVID on Life Insurance

Category Archives: Financial Planning

The Impact of COVID on Life Insurance

Share by If someone you know died from COVID-19 and had an existing life insurance policy, there should be no problem receiving the death benefit. The terms of a life insurance contract cannot be changed after purchase, so anyone with … Continue reading

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While Many Suffer Financially, Some Manage to Profit off Pandemic

Share by The Federal Reserve recently reported that the 50 richest people in the United States increased their net worth by $339 billion during the first half of 2020. There are two primary contributors to this near-unprecedented level of growth. … Continue reading

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What To Know About Filing For Bankruptcy

Share by About one million Americans file for personal bankruptcy each year, with one in 10 households having filed at some point. Given the loss of jobs, reduced income, and the coronavirus recession in 2020, those numbers could increase this … Continue reading

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A Realistic Picture: Will You Be Able to Afford In-Home Elder Care?

Share by By the end of September, the nation had recorded over a quarter-million cases of COVID-19 and nearly 60,000 deaths in nursing homes that were attributed to the disease. The recent pandemic offers yet another reason why more than … Continue reading

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Long-Term Financial Impact of COVID-19

Share by As bad as the economy is right now due to the COVID outbreak in the United States, many economists are predicting that the long-term outlook is much bleaker. Alas, Congress and the Federal Reserve’s efforts at stimulus and … Continue reading

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Borrowing From Your Retirement Plan: New CARES Act Rules

Share by It’s been nearly half a year since Americans first became widely aware of the coronavirus contagion within the United States. While for a brief month it looked as if we had the virus in hand, since then it … Continue reading

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